Institution: Biden's withdrawal, gold faces more Favourable Information than Unfavourable Information

Golden data, July 22 news, Stonex market analysis director Rhona O Connel said that Biden’s withdrawal, my instinctive reaction is that everything is in suspense in the short term, especially the Democratic Party’s nomination issue. But it is likely to put the brakes on Trump’s trading. In terms of hedging, purely from this perspective, the tailwind of gold is stronger than the headwind. Biden’s withdrawal at least means bringing a stronger opponent to the Republican Party.

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